Bringing Nationwide and Virgin Money together.
Virgin Money’s business will become part of Nationwide on 2 April 2026, subject to Court approval. This includes contractual agreements with Virgin Money.
Your eligible deposits held by a UK establishment of Clydesdale Bank PLC are protected up to a total of £120,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: Clydesdale Bank, Yorkshire Bank and Virgin Money. Any total deposits you hold above the limit between these brands are unlikely to be covered.